Financial Accounting [antikvár]

Financial Accounting is intended for use in the first semester or quarter of introductory accounting courses at two-year colleges, four-year colleges, and universities. The text is alsó appropriate for use in executive development programs and in other aduit education situations. Somé persons taking the course may choose accounting as a career, while others will choose another aspect of business or a nonbusiness career. Ali of these persons will find the ability to use and interpret accounting information valuable both in their careers and in their personal lives. The authors' goal in this edition of Financial Accounting is to present accounting information as an essential element of the decision-making process in a business environment. The material describes basic standards and principles that underlie accounting information, indicates how accounting information is accumulated, and explains how such information can be used by management in directing the affairs of an organization. The corporate form of business organization is used to illustrate the accounting concepts. Financial Accounting serves as a foundation for subsequent courses in accounting and business. The authors assume that persons using this text will have a limited understanding of business concepts. Thus, new terms and concepts are defined and fully explained when introduced. The text is divided into five major parts to help students put ideas into focus, topic by topic, as follows: Part Topic Chapters The Accounting Cycle 2 Accounting for Inventories 5-6 3 Current Assets and Liabilities 7-9 4 Long-Term Assets and Equities 10-13 5 Using Financial Statements Effectively 14-17